personal finance
The ABCs of personal finance and investing; how to invest wisely and grow your wealth.
Why the Margin of Safety is a Key Concept for Successful Investing
Margin of Safety is a concept used in investing and finance to describe the difference between the intrinsic value of an asset and its market price. It is also known as the "margin of safety ratio" or "safety margin." The concept was first introduced by Benjamin Graham, a value investing pioneer, in his book "Security Analysis." The idea is that by buying an asset at a price that is significantly lower than its intrinsic value, an investor can reduce the risk of losing money on that investment.
By Jared Goddardabout a year ago in Trader
4 Solo 401k Mistakes That Could Land You in Trouble
Mistakes are undeniably the true predecessors of great discoveries, and making mistakes indicates that you're trying to better your life. However, some mistakes are costlier than others. For an instance, launching a product that didn't get the necessary traction adds to your learning, but a financial mistake that could impose serious penalties and wipe out your financial resources is a pricey one.
By Dinesh Kewalramaniabout a year ago in Trader
Investing in the Global Cannabis Market
The global cannabis market is rapidly expanding, with a projected growth rate of over 20% in the next five years. This presents a significant opportunity for investors to capitalize on the growing demand for cannabis products and services. From medical marijuana to recreational use, the cannabis industry is poised for significant growth in the coming years. In this article, we'll take a closer look at the global cannabis market and what it means for investors.
By AddictiveWritingsabout a year ago in Trader
Sorry, I Bonds Won't Make You Rich.
Those of you who work in the financial services sector are undoubtedly weary of hearing about these. If you don't, don't worry; I'll explain it so you can tell your Fox News-loving uncle about it when he phones you the next time he's in jail after invading the capital and needs legal/ financial advice.
By Jeffrey Sparksabout a year ago in Trader
What is Holistic Financial Planning?
For many people, the term wealth management is synonymous with investing. A wealth manager can help you grow your assets by providing portfolio management and investment advice. However, while investing is a great way to achieve wealth accumulation, it is also essential to consider other strategies.
By Saagar Guptaabout a year ago in Trader
The American Economy: A Look at the Past, Present and Future
The economy of the United States, also known as the American economy, is the largest national economy in the world. It is characterized by a capitalist mixed economy, which is fueled by abundant natural resources, a well-developed infrastructure, and high productivity. The U.S. economy is also known for its stability, with a long history of steady growth and low unemployment.
By SHIAMGANESH about a year ago in Trader